1,535 Torres investors' complaints received, say cops

The Economic Offences Wing (EOW) of the Mumbai Police, which has taken over the investigation into the multi-crore investment scam involving the Torres jewellery firm, said they received complaints from 1,535 investors.

- Vinay Dalvi

MUMBAI: Officials have also uncovered substantial evidence indicating widespread fraud.

During search operations at the chain's main store in Dadar on Saturday, authorities seized cash, gold, and silver valued at approximately ₹9 crore. The expansive 11,500-square-foot store in Dadar, which served as the chain's flagship outlet, had been operating at a steep monthly rent of ₹25 lakh, according to police sources.

"Complainants are coming forward every day. So far, we have received 1,535 complaints, but the tally of investor losses is still being calculated," said a senior police officer.